China Dive Company Limited Posted 14.5 Million Yuan Net Loss in First Quarter of 2023

China Dive Company Limited (中潜股份有限公司) (300526.SZ) reported a net loss of 14.5 million yuan in the first quarter of 2023, widening 69.9% year-on-year.

Meanwhile, the company posted 20.2 million yuan in revenue, up 261.9% year-on-year.

At the end of the reporting period, it had 388.9 million yuan in total assets and 143 million yuan in total liabilities, with a liability-to-asset ratio of 36.8%.